Table of Contents
ONE NATION-ONE CARD
- India’s first indigenously-developed National Common Mobility Card (NCMC) The inter-operable transport card would allow holders to pay for their bus travel, toll taxes, parking charges, retail shopping and withdraw cash.
NOTES
- Public Transport is extensively used across India as the economical and convenient mode of commuting for all classes of society. Cash continues to be the most preferred mode of fare payments across the public transport.
CASH PROBLEMS
- However, there are multiple challenges associated with the cash payment e.g. cash handling, revenue leakages, cash reconciliation etc. Various initiatives have been taken by transit operators to automate & digitize the fare collection using Automatic Fare Collection System (AFC). The introduction of closed loop cards issued by these operators helped to digitize the fare collection to a significant extent. However, the restricted usability of these payment instruments limits the digital adoption by customers.
AUTOMATIC FARE COLLECTION SYSTEM
- The major challenge associated with AFC system implementation in India till now is the lack of indigenous solution provider. Till now, AFC systems deployed at various Metros are from foreign players. In order to avoid the vendor lockin and create an interoperable system, there was a need to develop indigenous standards and AFC system under Make in India initiative.
ONE NATION-ONE CARD
- In order to ensure a seamless travel across metros and other transport systems in addition to retail shopping and purchases, the Ministry of Housing & Urban Affairs (MoHUA) came out with the National Common Mobility Card (NCMC) Program.
- NOTES NPCI
- was given the mandate to develop the specifications for card & terminal to support the NCMC ecosystem. National Payments Corporation of India ONE NATION, ONE CARD Under this model, India’s first indigenously developed payment eco-system for transport mobility consists of:
- National Common Mobility Card (NCMC)
- Swachalit Kiraya: Automatic Fare Collection System
- (SWEEKAR) 3. Swachalit Gate (SWAGAT) based on NCMC Standards. These three indigenously developed components of payment ecosystem for transport mobility together will enable use of national mobility card across country without conflict with existing point-of-sale (PoS) machines.
NATIONAL COMMON MOBILITY CARD
- The transport card enables user pay for travel, toll duties, retail shopping, and withdraw money. It is enabled through the RuPay card mechanism. The NCMC card is issuable as a prepaid, debit, or credit RuPay card from partnered banks such as Paytm Payments Bank, State Bank of India, Punjab National Bank, and others.
- Its super-quick, contactless transaction feature will help to improve seamless travel experience.
- This card supports various service area features such as monthly passes, season tickets, etc
- It also offers value proposition for customers as they need not to carry multiple cards for different usage
KEY POINT YOU NEED TO KNOW
- The card is similar to any RuPay debit/credit card, which will be available with more than 25 banks, including the State Bank of India (SBI).
- The card can be used for making payments across all segments including metro, bus, suburban railways, smart city and retail shopping.
- The card offers cashback on bill payments and more than thousand other offers.
ROLE OF OTHER AGENCIES
- NPCI: It has developed specifications for card to support NCMC ecosystem.
- C-DAC: It has finalised NCMC specification for AFC system including interface with bank servers. It had worked in collaboration with NPCI for this.
- Bharat Electronics Limited (BEL): It had designed and developed gates and reader for these cards. It makes BEL first company in India to developed such gate and reader.
Latest Burning Issues | Free PDF
WhatsApp